Daniel Perschke - 01 May 2024 Form 4 Insider Report for E.W. SCRIPPS Co (SSP)

Role: SVP, Controller
Signature: /s/ William Appleton
Issuer symbol: SSP
Transactions as of: 01 May 2024
Transactions value $: $15,070
Form type: 4
Filing time: 03 May 2024, 15:46:13 UTC
Previous filing: 04 Mar 2025
Next filing: 04 Mar 2025
SEC: View on sec.gov

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SSP	Class A Common Shares, $.01 par value per share	Conversion of derivative security	$15K	+3.84K	+45.82%	$3.90	12.2K	01 May 2024	Direct	F1
transaction	SSP	Class A Common Shares, $.01 par value per share	Tax liability	-$6.72K	-1.72K	-14.1%	$3.90	10.5K	01 May 2024	Direct	F2
holding	SSP	Common Voting Shares, $.01 par value per share						0	01 May 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SSP	Restricted Stock Units	Award	$21.8K	+5.59K	+94.01%	$3.90	11.5K	01 May 2024	Restricted Stock Unites	11.5K	$3.90	Direct	F3
transaction	SSP	Restricted Stock Units	Conversion of derivative security	-$15K	-3.84K	-33.32%	$3.90	7.69K	01 May 2024	Restricted Stock Unites	7.69K	$3.90	Direct	F1
holding	SSP	Restricted Stock Units						2.06K	01 May 2024	Restricted Stock Units	2.06K		Direct	F4
holding	SSP	Restricted Stock Units						3.02K	01 May 2024	Restricted Stock Units	3.02K		Direct	F5
holding	SSP	Restricted Stock Units						6.48K	01 May 2024	Senior Leaders	6.48K	$6.56	Direct	F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	This transaction reflects the conversion of restricted stock units into Class A Common Shares.
F2	The terms of this long-term incentive award mandate that the Company withhold shares to satisfy the reporting person's tax obligation.
F3	Since the Company exceeded performance goals, additional restricted stock units were credited. This restricted stock award will vest in equal parts in 2025, 2026 and 2027. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F4	This restricted stock award will vest in 2025. 25% of the award vested in 2022, 2023 and 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F5	This restricted stock award will vest in 2025 and 2026. 25% of the award vested in 2023 and 2024. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.
F6	This restricted stock unit award will vest in equal parts in 2025, 2026, 2027 and 2028. Upon vesting, each restricted stock unit will convert into one Class A Common Share of the Company.